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Turning 70½ brings with it new retirement planning opportunities, especially when it comes to required minimum distributions (RMDs). For many retirees, these withdrawals can significantly increase taxable income, pushing them into higher brackets or raising Medicare costs. Fortunately, qualified charitable distributions at 70½ provide a smart way to give to…

So, you’ve been diligently stashing cash into your IRA or 401(k), dreaming of sandy beaches and endless rounds of golf. You’re playing the long game, building that nest egg with discipline and foresight.

Dividend investing could be draining your wealth with unexpected costs and limited growth potential. Here are some downsides, along with smarter strategies to take control of your retirement income.

Millions of Americans work in the home without getting paid. Suze Orman recognizes that earned income isn’t always a reality.

For years, many people assumed that passing down a Roth IRA to their heirs was a tax-friendly move that wouldn’t trigger hefty estate taxes. But as tax laws evolve, so does the answer to whether your Roth IRA is still protected from estate taxes in 2025. Roth IRAs remain attractive…

When a loved one passes away, leaving an IRA, most people expect a straightforward process for accessing those funds. But for some beneficiaries, claiming inherited IRA money turns into a legal maze. Suddenly, paperwork piles up, questions about ownership arise, and the bank or brokerage won’t budge without a court…

Fidelity shares 6 smart summer tax strategies to help you save money, reduce your bill and prep for year-end—don’t miss these seasonal moves.

From underestimating inflation to relying too heavily on Social Security, certain missteps can drain savings faster than expected.

Two men appeared in court in Dungannon on charges linked to the shooting of the senior police officer in 2023.